Warren Buffett forcefully rejected viral claims linking him to Trump’s market predictions. The false story, shared widely after Trump boosted it on Truth Social, contributed to a massive $2.5 trillion market decline. Buffett’s firm clarified he hasn’t discussed markets or tariffs with anyone recently, maintaining his long-standing policy of avoiding political endorsements. While markets tumbled, Buffett’s wealth actually grew by $23.4 billion – proving some tall tales have expensive consequences.
The drama started when an Instagram post went viral on March 13, gaining even more traction after Trump shared it on Truth Social. Talk about a snowball effect.
The timing couldn’t have been more perfect – or suspicious – as the claims exploded right when Trump announced massive tariffs on April 2, followed by a $2.5 trillion market wipeout.
Markets plunged $2.5 trillion after Trump’s April 2 tariff announcement, suspiciously timed with viral claims about market manipulation.
While tech billionaires like Musk, Bezos, and Zuckerberg watched their fortunes tank, Buffett’s wealth actually grew by $23.4 billion. Funny how the viral video tried to spin that into some kind of Trump endorsement. Nice try, internet.
Trump declared that markets would be stronger after the crash. The Oracle of Omaha wasn’t having any of it. He made it crystal clear: he hasn’t discussed markets, tariffs, or the economy with anyone recently. Period.
The viral video’s claims about Buffett supporting Trump’s supposed plans to lower interest rates and make stocks more accessible to middle-class investors? Pure fiction. Analyzing operating profit trends helps reveal the true health of companies beyond market speculation.
Berkshire Hathaway stepped in to remind everyone that Buffett doesn’t play politics or endorse economic strategies publicly. Berkshire’s cash reserves have grown to $334.2 billion, showing their strong financial position. In fact, he specifically stated in October 2024 that he wouldn’t endorse any political candidates, period. Been there, dealt with that nonsense before.
The whole mess spread like wildfire across social media platforms – X, TikTok, Facebook, you name it.
But here’s the kicker: Buffett’s actual track record shows he’s always stayed away from political endorsements. He’s too busy running Berkshire and watching out for his shareholders to get caught up in political theater.
Turns out social media’s favorite new viral story was just another tall tale. Who would’ve thought?
